Jump to content

Getting best exchange rate to use at casino?


fstuff1
 Share

Recommended Posts

Mexican casinos offer abysmal exchange rates.

Something like $1 US to 17 pesos.

The regular exchange rate is $1 to 19 pesos.

 

That's equivalent to a 10% fee!

 

So how best to get that $1 to 19 peso rate?

 

Edited by fstuff1
Link to comment
Share on other sites

No cambio is going to exchange 1:19. Current rate on conversion calculators is a mid market rate, you won't get that any where. Even PayPal and Voom take a peso transaction fee. You might get 1:18, if lucky.

Ships are reasonable in exchange, still a small fee. Your hometown bank might exchange before you leave, but again a fee.

Link to comment
Share on other sites

47 minutes ago, crewsweeper said:

No cambio is going to exchange 1:19. Current rate on conversion calculators is a mid market rate, you won't get that any where. Even PayPal and Voom take a peso transaction fee. You might get 1:18, if lucky.

Ships are reasonable in exchange, still a small fee. Your hometown bank might exchange before you leave, but again a fee.

what cruise line exchanges foreign currency?

Link to comment
Share on other sites

My understanding is that guest services on any cruise line will exchange dollars for local currency if available and requested.  Not sure of limits.  Never had to do this. No real need in Cozumel to exchange for pesos anyway.

I realize that on a large transaction of say $1000+ the" fees" can appear hefty.  But that's the nature of the beast.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

  • Forum Jump
    • Categories
      • Announcement: Sail with Marella Cruises ~ Sponsored by Marella Cruises
      • Forum Assistance
      • Q&A: Princess Cruises - Medallion Masters!
      • New Cruisers
      • Cruise Lines “A – O”
      • Cruise Lines “P – Z”
      • River Cruising
      • ROLL CALLS
      • Digital Photography & Cruise Technology
      • Special Interest Cruising
      • Cruise Discussion Topics
      • UK Cruising
      • Australia & New Zealand Cruisers
      • Canadian Cruisers
      • North American Homeports
      • Ports of Call
      • Cruise Conversations
×
×
  • Create New...